Appendix 1 - Budget and Financial Statement
Perth and Kinross Council · 29 January 2024
Back to Perth Common Good Fund Committee — 29 January 2024 and its agenda
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Appendix 1 PERTH COMMON GOOD FUND AUDITED OUTTURN FOR 2020/21 TO 2022/23; PROJECTED INCOME & EXPENDITURE FOR 2023/24; AND DRAFT BUDGETS FOR 2024/25 TO 2026/27 Draft Draft Draft Actual Actual Actual Budget Projection BUDGET BUDGET BUDGET EXPENDITURE 2020/21 2021/22 2022/23 2023/24 2023/24 2024/25 2025/26 2026/27 £ £ £ £ £ £ £ £ PROPERTY COSTS Rent & Rates 1,288 5,841 1,629 1,300 1,300 1,300 1,300 1,300 Repairs and Maintenance - General (868) 19,212 (1,372) 13,000 13,000 15,000 15,000 15,000 Repairs and Maintenance - Moncrieffe Island 0 0 0 0 0 62,000 0 0 Depreciation 6,978 3,400 3,600 3,400 3,400 3,400 3,400 3,400 OTHER SUPPLIES AND SERVICES Financial Assistance - St John's Kirk Carillon 0 0 2,000 2,000 2,000 2,000 2,000 2,000 Financial Assistance - Perth & Strathearn Round Table 0 0 20,594 20,000 22,000 20,000 20,000 20,000 Financial Assistance - Small Grants 17,748 5,233 37,450 75,000 52,007 75,000 75,000 75,000 Financial Assistance - Capital Grants 21,761 42,528 37,000 50,000 46,953 50,000 50,000 50,000 Financial Assistance - Cost of Living 0 0 0 69,500 69,500 0 0 0 Administration Charges 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 Sales Ledger Debt 4,000 0 0 0 0 Legal Fees 0 2,765 1,900 2,000 2,000 0 0 0 Printing, Stationery, Advertising and Postages 0 0 0 500 500 500 500 500 CHRISTMAS EVENTS Rent, Rates & Electricity 13,764 9,290 15,280 15,000 15,000 15,000 15,000 15,000 Erect, Dismantle & Maintain Lights 11,300 6,960 16,453 20,000 20,000 20,000 20,000 20,000 Switch on Ceremony 0 0 40,000 40,000 40,000 50,000 50,000 50,000 90,971 110,229 189,534 326,700 302,660 329,200 267,200 267,200 INCOME Rents 219,349 251,997 286,794 250,000 258,000 255,000 256,000 256,000 Interest on Investments 6,803 3,379 28,280 60,000 60,000 60,000 60,000 60,000 Fishing Permits 647 940 816 900 900 900 900 900 226,800 256,316 315,890 310,900 318,900 315,900 316,900 316,900 Surplus/(Deficit) for year 135,829 146,087 126,356 (15,800) 16,240 (13,300) 49,700 49,700 Projected Revenue Balance at 1 April 1,537,076 1,672,905 1,818,992 1,945,348 1,945,348 1,961,588 1,948,288 1,997,988 Surplus/(Deficit) for Year 135,829 146,087 126,356 (15,800) 16,240 (13,300) 49,700 49,700 Projected Revenue Balance at 31 March 1,672,905 1,818,992 1,945,348 1,929,548 1,961,588 1,948,288 1,997,988 2,047,688